Hong Kong Securities Supervision Commission: Virtual asset trading activities in the securities industry generated a total of 77 million yuan in revenue in the first half of the year
2024-09-26 09:16:40
The Securities Industry Financial Review released by the Hong Kong Securities Supervision Commission shows that the total net profit of the securities industry in Hong Kong for the six months ended June 30, 2024 recorded further growth, while the average daily market turnover and the number of active cash and margin customers increased. The Financial Review Report and the latest joint survey by the Securities Supervision Commission and the HKMA show that the industry is increasingly increasing the breadth and depth of its products and services. The Financial Review report revealed for the first time that the virtual asset trading activities of the securities industry generated a total revenue of 77 million yuan in the first half of 2024. At the same time, according to the joint survey of the Securities Supervision Commission and the HKMA, the transaction volume of non-exchange traded investment products processed by licensed institutions reached 1.238 trillion yuan in 2023, a record high.
In addition, the total net profit of all securities dealers and securities margin financiers in Hong Kong rose to $19 billion in the first half of 2024, an increase of 50% and 29% respectively from the levels of the previous six months and one year ago, continuing the trend of 25% year-on-year growth in 2023.